WTMU vs. BPH

Last updated Aug 4, 2026

WTMU (WisdomTree Core Laddered Municipal ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - WTMU is a Municipal Bonds fund actively managed by WisdomTree, while BPH is a Energy Equities fund actively managed by Precidian. Both are actively managed. Their -0.22 correlation means they have often moved in opposite directions in the past. WTMU charges 0.25%/yr vs 0.19%/yr for BPH.

Performance

WTMU vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Core Laddered Municipal ETF (WTMU) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WTMU

• 1D: 0.22%
• 1M: -1.07%
• 6M: -1.35%
• YTD: -0.52%
• 1Y: 3.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 3.32%

BPH

• 1D: -1.57%
• 1M: 16.97%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BPH BP p.l.c. ADRhedged ETF	$48.44K	$52.11K	$50.96K
WTMU WisdomTree Core Laddered Municipal ETF	$17.49K	$9.91K	$38.76K

WTMU vs. BPH - Yearly Performance Comparison

	2026 (YTD)
WTMU WisdomTree Core Laddered Municipal ETF	0.06%
BPH BP p.l.c. ADRhedged ETF	4.01%

Correlation

The correlation between WTMU and BPH is -0.22, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	-0.22

Return for Risk

WTMU vs. BPH — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WTMU

WTMU Risk / Return Rank: 42
WTMU Sharpe Ratio Rank: 49
WTMU Sortino Ratio Rank: 45
WTMU Omega Ratio Rank: 55
WTMU Calmar Ratio Rank: 31
WTMU Martin Ratio Rank: 30

BPH

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WTMU vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Core Laddered Municipal ETF (WTMU) and BP p.l.c. ADRhedged ETF (BPH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WTMU	BPH	Difference
Sharpe ratio: Return per unit of total volatility	1.35	—	—
Sortino ratio: Return per unit of downside risk	1.82	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	1.13	—	—
Martin ratio: Return relative to average drawdown	2.72	—	—

Drawdowns

WTMU vs. BPH - Drawdown Comparison

The maximum WTMU drawdown since its inception was -4.24%, smaller than the maximum BPH drawdown of -15.58%. Use the drawdown chart below to compare losses from any high point for WTMU and BPH.

Drawdown Indicators

	WTMU	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-4.24%	-15.58%	+11.34%
Max Drawdown (1Y) Largest decline over 1 year	-2.86%	—	—
Current Drawdown Current decline from peak	-2.46%	-1.57%	-0.89%
Average Drawdown Average peak-to-trough decline	-0.77%	-5.55%	+4.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.19%	—	—

Volatility

Volatility by Period

	WTMU	BPH	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.41%	28.54%	-26.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.58%	28.54%	-23.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.58%	28.54%	-23.96%

WTMU vs. BPH - Expense Ratio Comparison

WTMU has a 0.25% expense ratio, which is higher than BPH's 0.19% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

WTMU vs. BPH - Dividend Comparison

WTMU's dividend yield for the trailing twelve months is around 3.23%, more than BPH's 0.48% yield.

Position	TTM	2025
BPH BP p.l.c. ADRhedged ETF	0.48%	0.00%
WTMU WisdomTree Core Laddered Municipal ETF	3.23%	2.15%

Frequently Asked Questions

Can I hold both WTMU and BPH in my portfolio?

WTMU and BPH have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTMU or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WTMU or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.25% for WTMU.

Which ETF pays a higher dividend yield, WTMU or BPH?

WTMU has the higher dividend yield at 3.23%, compared with 0.48% for BPH.

What is the main difference between WTMU and BPH?

WTMU is categorized as Municipal Bonds, while BPH is Energy Equities. They also come from different issuers: WisdomTree and Precidian. Their fees differ too: 0.25% for WTMU and 0.19% for BPH.